European stocks close lower as geopolitical worries remain on traders’ radars

European stocks ended lower on Monday, as traders weighed the limited strikes on the Syrian regime over the weekend and the potential for additional U.S. sanctions against Russia.

Shares in Whitbread PLC surged after a U.S. activist hedge fund increased its stake in the British hotel and coffee-shop operator, but drops for Software AG and Polymetal International PLC helped put the brakes on the Stoxx Europe 600.

The Stoxx Europe 600 dropped 0.4% to close at 377.74, pulling back after achieving three up weeks in a row.

The pan-European gauge continues to show a year-to-date fall, down 2.9%.

FranceA?a��a�?s CAC 40 shed less than 0.1% to 5,312.96, while GermanyA?a��a�?s DAX 30 fell 0.4% to 12,391.41.

The U.K.A?a��a�?s FTSE 100 slid 0.9% to 7,198.20 as the pound % rallied to $ 1.4323 from $ 1.4239 late Friday in New York.

The euro rose to $ 1.2368 from $ 1.2331 on Friday.

Source: marketwatch

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U.S. stock market snaps 2-sessions string of gains as geopolitical worries weigh

U.S. stocks closed in the red on Wednesday, as worries about geopolitical developments deflated the buying mood on Wall Street.

An early morning tweet by President Donald Trump implied the possibility of a military strike in Syria and set the downbeat tone for the session. Threat of a military strike in Damascus comes after a suspected chemical-weapons attack that killed civilians in the town of Douma over the weekend. Wall Street investors fear that a response by the U.S. could lead to a retaliation from Syria’s ally Russia.

The Dow Jones Industrial Average finished 0.9% down, while the S&P 500 ended Wednesday 0.6% lower. The tech-heavy Nasdaq Composite Index finished 0.4% lower. In individual stocks, Facebook remained in focus as the company’s CEO Mark Zuckerberg testified on Capitol Hill for second day.

Source : Market Watch

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Nikkei edges higher as index-heavy stocks’ gains offset trade worries

Japan’s Nikkei share average edged higher on Tuesday morning in choppy trade as gains in some index-heavy stocks such as robot maker Fanuc offset worries about a potential trade conflict between the United States and China.

The Nikkei gained 0.2 percent to 21,715.60 in midmorning trade, after trading in negative territory earlier.

Index-heavy stocks such as Fanuc rose 1.0 percent, while Sony Corp gained 1.9 percent.

The broader Topix gained 0.2 percent to 1,728.74.

Source : Reuters

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